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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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Competition Commission refers two autoglass companies to Tribunal

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The Competition Commission has referred a complaint against two companies operating in the automotive glass sector to the Competition Tribunal for prosecution. The commission seeks an order from the tribunal declaring that the two companies have contravened a section of the Competition Act and are liable for the payment of an administrative penalty equal to 10% of their respective turnover.

IMF proffers suggestions for South Africa’s economy

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To keep South Africa’s economy stable and resilient, it is important to follow prudent fiscal policies that reduce public debt without impeding growth. This is according to mission chief Delia Velculescu, who was interviewed by the organisation’s Country Focus, following the release of the IMF’s recent Article IV economic report.

Urgent implementation of PPP investment model needed to halt multiyear slump – Seifsa

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The multiyear slide in South Africa’s metals and engineering sector, which makes up about 25% of South Africa’s manufacturing sector and 5% of GDP, continued last year, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has confirmed. In its ‘State of the Metals and Engineering Sector 2026’ report, Seifsa shows that production fell by 1.6%, having declined at a compound annual growth rate of 1.7% since 2008. In addition, employment fell by 0.43% to about 360 000 employees from over 575 000 in 2008.

Rand Water given thumbs up to abstract more water from Vaal to stabilise Gauteng’s water supply

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The Department of Water and Sanitation (DWS) has approved an urgent water-use licence application from Rand Water to abstract additional water from the Integrated Vaal River System (IVRS) for four months. The additional abstraction licence provides for a temporary increase of 200-million cubic metres a year to Rand Water’s current allocation of 1 803-million cubic metres a year, from February to June.

Eskom starts stakeholder engagements in Eastern Cape for new nuclear builds

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State-owned power utility Eskom’s Nuclear Operating Unit has started with a strategic stakeholder engagement programme in the Eastern Cape to outline its vision and plans for the implementation of 5.2 GW of new nuclear capacity. The new nuclear capacity aligns with what is allocated in the country’s Integrated Resource Plan 2025.
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